Like counting your chickens before they're hatched? Why not! Geology.com has a natural gas royalty estimator that allows you to dream about that mailbox money.
For example, let's say you leased 25 acres of minerals with a sweet 25% royalty and a nice Haynesville Shale well comes in at 4 million cubic feet day and the wellhead price of natural gas is $8.25 per thousand cubic feet day (or Mcf), you'd be looking at $117K in first year royalty payments.
Monday, August 4, 2008
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